LendingTree Shares Finish Week Up; Traders Set for Tuesday Reopen
LendingTree shares closed Friday at $36.42, up 1.9% for the week, ahead of the Memorial Day market break. The company reported Q1 revenue of $327.3 million, a 37% increase, and raised its 2026 outlook. Mortgage rates climbed, with Freddie Mac citing a 30-year average of 6.51%. Broader markets hit records, but LendingTree’s sector peers showed mixed results.